Daft Property - Irish Property News

Just eight houses sold under the hammer in Dublin this year, as the number of houses offered at auction collapsed by 80 per cent. In total,19 properties were offered for sale in the capital’s auction room; in 2006, at the height of the boom, more than 1,000 properties were auctioned in the city. Estate agents Bennetts held most of this year’s auctions, putting five properties under the hammer. Lisney handled four auctions, as did Sherry FitzGerald, while Colliers Jackson-Stops auctioned three. Douglas Newman Good, Harper O’Grady and Property Team each held one auction. Simon Ensor, director of auctions at Sherry FitzGerald, described the number of auctions this year as unprecedented. ‘‘In the past, a quiet year for us would have been one where we [Sherry FitzGerald] held 25 auctions and where overall, there were around 100 across the entire market," he said. ‘‘I’ve been selling houses by auction since the mid-1980s, and I don’t ever remember a year where there were so few sales....